Ministry of Finance corrigendum dated June 18, 2025, updates GST Appellate Tribunal (GSTAT) rules, fees, and forms. Clarifications for digital orders included.
Income Tax Notification 63/2025 grants tax exemption to Yamuna Expressway Industrial Development Authority from AY 2024-25 under Section 10(46A).
CBDT notifies Dental Council of India for tax exemption under Section 10(46A) of Income-tax Act, effective from AY 2024–25, subject to specified conditions.
ITAT Bangalore rules that 80G approval hinges on genuine charitable activities, not solely on fee surpluses or accumulated funds. The ruling clarifies the scope of CIT(E)’s inquiry for 80G applications.
The MCA (Ministry of Corporate Affairs) has come up with a Draft Notification on April 6, 2025, proposing key amendments to the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. These amendments are oriented towards expanding the fast-track merger route enshrined under Section 233 of the Companies Act, 2013 (hereinafter referred to as the Act) by […]
A BPCL vendor successfully challenges GST detention for MPD machines in transit. The court found no tax evasion as e-way bill was generated before detention order and goods were for stock transfer, not sale.
Central Government employees under the Unified Pension Scheme are now eligible for Retirement Gratuity and Death Gratuity benefits, effective April 1, 2025.
Central Government employees under the Unified Pension Scheme can now choose between UPS or Old Pension Scheme benefits in case of death, invalidation, or disability.
Gujarat High Court strikes down CGST Rule 96(10), enabling exporters to claim IGST refunds regardless of duty-free imports. This ruling upholds constitutional rights, promotes export competitiveness, and ensures tax neutrality for businesses.
Delhi High Court sets aside a GST demand order against B R Ceramics, directing appellate review. The validity of key GST notifications remains sub-judice in Supreme Court.